What is the term of the license agreement between City Wide Franchise Holding Company, Inc. and City Wide?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Under a license agreement dated January 12, 2021 between CITY WIDE Franchise Holding Company, Inc. and CITY WIDE, CITY WIDE is the sole and exclusive licensee for franchising of the Marks and the sole licensor of all right, title, and interest in the Marks for commercial cleaning franchises. The term of the license agreement is in perpetuity, and the license agreement cannot be modified or terminated except by the mutual agreement of the parties.
Source: Item 13 — TRADEMARKS (FDD pages 39–41)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, City Wide is the exclusive licensee of City Wide Franchise Holding Company, Inc. for the trade names and service marks associated with the City Wide commercial cleaning franchise system. This license agreement, which is dated January 12, 2021, grants City Wide the sole and exclusive right to franchise the Marks and act as the sole licensor of all rights, title, and interest in the Marks for commercial cleaning franchises.
The term of this license agreement between City Wide Franchise Holding Company, Inc. and City Wide is in perpetuity. This means the agreement has no set end date and will continue indefinitely unless terminated.
Furthermore, the license agreement cannot be modified or terminated except by the mutual agreement of both parties, City Wide Franchise Holding Company, Inc. and City Wide. This condition provides a high degree of stability and security for City Wide, as it ensures that the rights to the trademarks and service marks will remain with City Wide indefinitely, barring a mutual decision to change or end the agreement.